Senior Enlisted Reward Program

All offers subject to change at any time. Proof of rank will be required to verify program eligibility. Applicant must be primary account holder on all accounts and applications. Retired military, foreign nationals, warrant officers, and spouses of eligible members are not eligible for the Senior Enlisted Reward Program and any of its offers.

Proof of rank required to verify eligibility. This 1% APR discount may not be combined with any other discount. Emergency Relief Loans, Career Kickoff Loans, Savings/Certificate Secured Loans, and Student Loans are not eligible for this 1% APR discount. Underwriting guidelines apply. Credit and--as applicable--collateral subject to approval. Navy Federal reserves the right to end or modify this offer at any time.

As of 06/28/2025, cashRewards Secured card rate is 18.00% APR and will vary with the market based on the US Prime Rate. All other Navy Federal credit card rates range from 10.99% APR to 18.00% APR, are based on product type and creditworthiness, and will vary with the market based on the US Prime Rate. ATM cash advance fees: None if performed at a Navy Federal branch or ATM. Otherwise, $0.50 per domestic transaction or $1.00 per foreign transaction. Balance transfer offer: Offer valid for balances transferred from non-Navy Federal credit cards within 60 days of account opening. Balance transfers are not eligible to earn rewards. Maximum total transfer amount is limited to your available credit line. Balance transfers using convenience checks are excluded from this offer. If you transfer a balance with this offer, interest will be charged on purchases made with your credit card unless your purchases have a 0% APR or you pay the entire balance, including any transferred balances, in full each month by the payment due date. Limit of one promotional offer at account opening. Navy Federal reserves the right to end or modify this offer at any time. Offer excludes Navy Federal Business, Home Equity Line Platinum, and cashRewards Secured credit cards. 

Offer available for new applications on equity loans, equity lines of credit, and first mortgage refinance and purchase loans. Proof of rank will be required to verify program eligibility. The Loyalty Card will be mailed to you within 4-6 weeks after your loan closes with Navy Federal. Recipient is solely responsible for any personal tax liability arising out of the acceptance of this offer. Offer may expire anytime without prior notice. Certain product exclusions may apply. One Loyalty Card per closing.

Offer can expire anytime without prior notice. To receive the $100 bonus, the person referred for membership must be Active Duty, National Guard, or Reserves E-7 through E-9 and at least 18 years of age. Referring members must be at least 18 years of age and in good standing. Program must be mentioned at the time of joining for account to be credited, and referred individuals must have referring member’s name and Access Number. Recruiters are not eligible to refer recruits. If the referred person is ineligible for membership, Navy Federal reserves the right to reclaim the referral awards. Accounts must be in good standing for credit to be processed. Bonus deposited within 14 business days of referred individual's membership being established. Limit 5 referrals per member. Navy Federal employees and their immediate family are not eligible to participate in this program. Recipient is solely responsible for any personal tax liability arising out of the acceptance of this incentive.

Dollar value shown represents the results of the 2024 Navy Federal Member Giveback Study. The Member Giveback Study takes into consideration internal market analyses comparing Navy Federal products with industry national averages, as well as discounts, incentives, and other savings.

⁷Navy Federal Credit Union was included in 9 Best VA Lenders in 2025 by money.com.

⁸Note: To be eligible for Military Choice, at least one borrower must be Active Duty, reservist, or a Veteran. All Choice loans require a 1.00% origination fee, which may be waived for a 0.25% increase in the interest rate. All Choice loans are subject to a funding fee of 1.75% of the loan amount. This funding fee may be financed up to the maximum allowed loan amount, or the fee may be waived for a 0.375% increase in the interest rate. Purchase loans require no down payment in most states. LTV restrictions apply to refinance and non-primary residence loans. All loans subject to approval.